Email Subscription

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 1,640 other followers

Elders Home Loans

Katrina Parrington

I am a long term Centralian resident with more than 18 years experience in the financial services industry. Initially, in Real Estate in Adelaide before pursuing a career with Elders Insurance Alice Springs and lending roles with major banking institutions where I gained extensive experience in Home Loans and Commercial Lending here in the Alice and in Darwin.

I have a unique set of skills that ensures I understand your lending needs and can provide you with professional advice and personal service.

Blogroll

MFAA Awards

EHL Awards

Katrina Parrington Wins Top Broker Award

The winner of the MFAA Achievement Award for 2010 is Katrina Parrington from Elders Home Loans - Alice Springs.
The Achievement Award recognises the best broker in Australia in business less than 4 years.

The reserve bank of Australia has taken a national perspective on the economy by taking the brave step of cutting the interest rate once more. This decision was taken despite the strong rise in Sydney property prices. Trends in other cities and Australian towns are varied.

Interest rates are at incredible lows but as well as the Reserve Bank making adjustment, the NT Government must consider what adjustments it can make to help home owners into their first home and to stimulate competition in business to make home ownership more affordable overall. Read the rest of this entry »

CoreLogic RP Data’s weekly Property Pulse shows which suburbs have the most affordable median value near the CBDs of Australia’s capital cities.

According to the data, the median value for Sydney’s inner city houses is significantly higher than the rest of the capital cities, with Turrella as the most affordable suburb in Sydney having a median house value of $839,676.

While the pendulum swung slightly in favour of sellers over the quarter to Jan 2015, market conditions in Australia as a whole remain balanced, according to the latest Commonwealth Bank-CoreLogic Home Buyers Index buyers.

In other words, supply and demand are roughly equal. A closer look at the figures, however, reveals that conditions vary greatly in different property markets around the country.

Why is this important?

Understanding whether you’re in a buyer’s or seller’s market can give you the edge when it comes to property negotiations. In a seller’s market, where demand is high, the seller can often negotiate a higher price. In a buyer’s market, where supply exceeds demand, the opposite is true.

THE bruising political row over banking competition has made potential home buyers more savvy with many opting out of fixed-rate loans, according to new figures.

It may have also turned up the pressure on lenders to be more creative in attempts to gain market share, even before the federal government implements its range of proposed initiatives. Read the rest of this entry »